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Nippon Steel and US Steel sue

Hosted on MSN · 52m

US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia

U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t the first time friction over trade and investment has irked Washington’s closest ally in Asia.

The New York Times · 16h

U.S. Steel and Nippon Sue Biden Over Decision to Block Merger

U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger after President Biden blocked it last week on the basis that the transaction posed a threat to national security.

ABC News on MSN · 17h

US Steel and Nippon Steel sue Biden administration over blocked merger

U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a merger between the two companies. A proposed acquisition of the second-largest domestic steel producer by Nippon for nearly $15 billion would threaten U.S. national security, the Biden administration said.

36mon MSN

Japanese steelmaker vows not to give up on buying U.S. Steel

Japan’s largest steelmaker said that it would not give up trying to purchase U.S. Steel even after President Joe Biden ...

3hon MSN

Analysis-China Exports Push Nippon Steel to Seek Growth in US, India After Blocked Deal

TOKYO (Reuters) - Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection ...

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